Federal Reserve Bank
Raphael Bostic Says Fed Needs To 'stay The Course' Despite Lower Wage Gains
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The Atlanta Fed president said Friday that December's jobs report doesn't change his view on monetary policy. Read more
Fed's Rosengren Reports 'tremendous Interest' From Businesses For Loan Program
AMERICA - Published date: .
As the Main Street lending facility wraps up its first full week of operation, Rosengren reported brisk interest on the ... Read more
Powell Warns Of 'significant Uncertainty' About The Recovery And Says Small Businesses Are At Risk
AMERICA - Published date: .
The Fed chairman repeated warnings about the economy during the first day of his semiannual testimony before Congress. Read more
Powell Says The Fed Doesn't Want To 'run Through The Bond Market Like An Elephant'
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Powell said the central bank's announced move this week to buy corporate bonds fulfills a pledge it had made earlier but... Read more
Fed Sees Interest Rates Staying Near Zero Through 2022, GDP Bouncing To 5% Next Year
AMERICA - Published date: .
The Fed also said it will continue to increase its bond holdings, targeting Treasury purchases at $80 billion a month an... Read more
Big Jobs Gain 'has Bought The Fed Some Time,' But More Help Eventually Will Be Needed
AMERICA - Published date: .
In addition to signaling a possible turn in the economy, the big job gains in May give the Federal Reserve some more wig... Read more
Powell Says A Full Economic Recovery May Not Happen Without A Vaccine
AMERICA - Published date: .
The Fed noted that the recovery likely would depend on how Americans feel about their safety. Read more
Powell Says GDP Could Shrink More Than 30%, But He Doesn't See Another Depression
AMERICA - Published date: .
The central bank chief conceded that jobless numbers will look a lot like they did during the 1930s. Read more
Powell's Gloomy Outlook Has Investors Predicting The Fed May Make Another Big Move Soon
AMERICA - Published date: .
Some strategists say the Fed could announce a new quantitative easing program before or at its June 9-10 meeting. Read more
Powell Says More Policy Help May Be Needed To Pull The US Out Of Economic Downturn
AMERICA - Published date: .
Powell noted the unprecedented strength of fiscal and monetary measures already taken but stressed the need to make sure... Read more
Powell Says The Federal Reserve Is Not Considering Negative Interest Rates
AMERICA - Published date: .
"I know there are fans of the policy, but for now it's not something that we're considering," the central bank chief sai... Read more
After Trying For A Decade, Central Banks Might Succeed At Generating Inflation
AMERICA - Published date: .
"The forces that will bring about inflation are aligning," Chetan Ahya, chief Asia economist at Morgan Stanley, said in ... Read more
Fed Pledges To Keep Rates Near Zero Until Full Employment, Inflation Come Back
AMERICA - Published date: .
The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggr... Read more
Federal Reserve Seeks Banks' Advice As It Gets Into Direct Lending With Coronavirus Relief
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The Federal Reserve has reached out to investment and retail banks for feedback on its Main Street lending program ahead... Read more
The Fed's Main Street Problem: Worries Rise That Money Won't Go Where It's Most Needed
AMERICA - Published date: .
It wasn't supposed to work like this: The Federal Reserve was not going to have to come back and rescue the economy the ... Read more
US Weekly Jobless Claims Jump By 6.6 Million And We've Now Lost 10% Of Workforce In Three Weeks
AMERICA - Published date: .
That brings the total claims over the past three weeks to more than 16 million. Read more
Bernanke Says Fed Chief Powell 'got Ahead Of This,' And 'going Big' Was Right Thing To Do
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Bernanke told CNBC the Federal Reserve acted with appropriate force. Read more
A Fed Rate Cut In 2020 Is Now On The Table As Coronavirus Spreads, Economist Says
AMERICA - Published date: .
The spread of the coronavirus could lead global central banks including the Federal Reserve to leverage their policies t... Read more
Fed Could Use Negative Rates If US Recession Strikes, Goldman Sachs Chief Economist Predicts
AMERICA - Published date: .
The Federal Reserve could announce negative rates in the future, despite its current doubts about this unconventional me... Read more
Trump Says Powell And The Fed 'Fail Again' — 'No Guts, No Sense, No Vision!'
AMERICA - Published date: .
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell ... Read more